FY 2025 BUDGET BOOK - Flipbook - Page 89
The Fiscal Year October 1, 2024 - September 30, 2025 Budget
Budget Overview
The City of Eustis Budget serves as much more than just a financial plan. It also meets four essential
purposes:
Policy Document
The City’s Adopted Budget informs the reader about the City of Eustis and the policies that guide the
prioritization of spending of resources. The City Manager’s Budget Message provides a condensed
analysis of the C i t y ’ s budget, highlighting the central issues in developing the budget as well
as establishing the goals for the upcoming fiscal year. The City’s budget includes the City-wide
financial and programmatic policies and goals that address long-term financial issues, as well as
short-term operational policies that direct the development of the annual budget. The budget
provides information about the services the City will provide for the fiscal year beginning
October 1, 2024, and ending on September 30, 2025. The City of Eustis has a well-structured process
focused at evaluating the entire spectrum of its financial policies. This assessment is carried out
under guidance of the City’s management team, who play a crucial role in ensuring that these
policies not only maintain their current relevance but also align them with the ever-evolving
mandates and regulations that govern them.
Financial Plan
The City’s budget demonstrates the financial plan of the City, detailing the costs associated with
providing City services and how the services will be funded. The Budget Summaries provide the
reader with an at-a-glance view of all appropriated funds’ revenue sources and expenditures/
expenses by program, object category and fund. The budget explains the underlying assumptions
for revenue estimates and analyzes significant revenue trends. In addition, projected beginning and
ending fund balances are shown for the fiscal year, indicating the anticipated changes in fund
balances from one year to the next.
Operations Guide
The budget provides detailed information on how the City and its departments are organized. Within
the departmental sections, information is provided about the activities, services, and functions that
are carried out by each department to support the overall goals and objectives of the City
Commission. An organization chart is included as well as authorized positions, budget highlights,
and budgetary appropriations.
Communications Device
The budget provides summary information to assist with understanding revenue sources and
planned fiscal spending that supports the City’s established goals and objectives. Included in the
budget document is a table of contents and a glossary to help the reader locate information and to
understand the terminology used throughout the document. Charts, graphs, and tables are
strategically used to provide a visual demonstration of the narrative presented. The City Manager’s
Budget Message provided at the beginning of the budget document provides a condensed analysis
of the financial plans for FY 2024/25 for the City of Eustis.
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